Bank-Al-Maghrib

Morocco expands foothold in Latin America

Latin America, long viewed as one of the strongest bastions of political and diplomatic support for the Polisario Front, is undergoing a notable realignment, as Morocco gains ground. A growing number of countries in the region are distancing themselves from the separatist group and moving closer to Morocco’s position on the Sahara issue. In recent […]

Algeria’s Tebboune in denial as currency continues its free fall

Algeria’s President Tebboune has sought to play down the dire financial and monetary conditions in the country as the currency plunged to a historic low, trading at 290 dinars per euro on the informal market. This collapse signals a deeper structural crisis in an economy crippled by hydrocarbon dependency, corruption, and chronic mismanagement. The dinar’s […]

Libya: Oil companies warn of production setbacks due to delayed budget allocations

The Arabian Gulf Oil Company (AGOCO), National Construction, and Al-Jawf companies have issued a stern warning regarding the adverse effects of delayed operational budget disbursements, describing this as a significant barrier to projects aimed at boosting production. The companies raised these concerns during the first session of the General Assembly of the National Oil Corporation […]